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1 Φεβ 2024 · Regions Financial has cut staff across divisions, including its mortgage line, as higher interest rates have squeezed the home loan business across the finance sector. The Birmingham, Alabama company had reduced its 20,000-person workforce by "less than 3%" over the fourth quarter of 2023 and January 2024, said Jennifer Elmore, a spokesperson.
19 Οκτ 2023 · Job losses in finance could pressure the broader U.S. labor market in 2024. Faced with rising defaults on loans, lenders are poised to make deeper cuts.
1 Φεβ 2024 · Regions Financial Corp. has recently implemented substantial job cuts in its Birmingham operations, resulting in the elimination of several hundred positions.
Regions Financial in Birmingham, Ala., plans to cut 600 jobs, or roughly 3% of its workforce. Roughly 70% of the cuts are outside of Birmingham, with many of the layoffs taking place in the $152 billion-asset company’s mortgage operations.
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31 Ιαν 2024 · BIRMINGHAM, Ala. (WBMA) — A large bank headquartered in Birmingham announced layoffs to a portion of its workforce Wednesday. A spokesperson for Regions Bank said the reduction would amount to less...